a troubling sign for the economy, coupon.com, showing that more coupons are being used since 2007. guess what the types of coupons people are redeeming? if you said, cheese, soup and pasta, you would be correct. sue, i haven't been redeeming my cheese coupons lately, how about you? >> actually, i do clip coupons, but you know, you save a lot of money. whether or not you are doing well or not, you should save some money, right? >> you absolutely can. ty with, people are losing a little money right now. if they are along the market. down 86 points, a session low for the dow jones industrial average and other averages are moving lower as well. see you later, ty. >> began to promising today, sue. >> i know. >> "street signs" begins now.

>> welcome to "street signs." where the dow is pushing, pulling, trying to make new highs. we're down a bit right now. but we will ask what it will take to get us over the hump. bob dahl is here. and marisa mayer telling employees to get in the office. some say a smart move. we will debate whether working from home really pays off. are you trying to sell your home? we are talk about what home buyers really want. car makers, is surfing the internet at 75 miles an hour real ay a good idea? >> i don't think so. 83 of the dow's high. and all the way on the other side of the world in italy. we will bring you more on that. and s&p, not a great surprise, why? hasn't been up on a monday so

far this year. nonetheless, joining the all-time high club this morning, consumer stocks with avon with the most gains so far this year. let's get straight to the trading floor. mary thompson is live at nyse. it really seems as if all roads lead to on this market day. >> that's a good way to put it. headlines coming across on the early read of the result of the italian elections causing markets to pull back. early in today's trade. right now we have the dow in today's session lows. basically, you have to see another round of italian directions. there could be fiscal progress they made in that economy. that's why you see a pull back here in the u.s. in today's session. also impacting the euro, which has dropped to a six-week low as the dollar moved to six-month high. basically what you are seeing is pull back from risk on trade. as a result, the euro and s&p

500 which have been moving pretty much in tandem for a while. as i mentioned, the risk on trade is off today. these are the living sectors to the down side where we see weakness in financials, material stocks and energy and industrial shares in today's session. it is interesting to note with the sequester coming up, deadline this friday. the defense stocks are performing pretty much in line with market expectations. they aren't any weaker. keeping in mind the defense industry for pentagon, coming from the pentagon and defense budget expected to be hard hit if the sequester gez through. back to you. >> i will pick it up from there. i'm glad you mentioned defense stocks. we will talk about that more in the show. rick santelli, how are treasuries reacting to the fun and games? >> same way as every market from the s&p to the euro currency to dollar index, we have seen a big reversal. we are now at a 187 yield having

closed near that since the 24th of january. we close at 176 which means we are up 11 basis point on the year and maybe the most important issue is we can now somewhat get an idea of what the reasoning for higher rate has been. it's been so of the issues of funding in europe. we've isolated it. now if this is a reverend up um on the euro and i know i'm way too early jumping the gun on that. when it is hard to get something from the treasury market, today is a day of a bit of enlightenment. >> rick santelli, grazzi. see you again sometime here. mark set struggling to find their groove right now. but while a nice headline does a new high really even matter in the long run? let's bring in bob dahl and bob, us being in the media and being

by nature wbt simple folk, like a nice round headline but does it matter if we make a new high any day soon? >> it matters because we will all be talking about it. on the newspapers and in the air as you know. and that will cause some folks to say, huh, stocks at an all new time high. we missed it. i think we need to put a new part in. people are saying, return on cash of zero. not very attractive. i'll buy a stock or two. >> bob, do they say i missed it, i better get in or gee i missed it, i'm done? >> no, i don't think so. for better or worse, new highs tend to attract more money because it causes attention to asset class, whatever that class is that is doing better. i think a new high would cause more attention to stocks are a good place to be for better or worse. i would rather buy on the dips but people are tempted. >> we are down nearly a hundred

point on the dow. steve, market here in the states is nicely able to climb up. the path of least resistance if you like. we haven't had many european headlines. now we have a lot of european headlines. does it put europe and the crisis back to the four and is this a referendum on the euro as rick santelli just suggested? >> i think to some degree it is. it is on the back burner, but a chronic. the scandal in spain with the prime minister and now the elections in italy. so what the ecb has done is they bought some time. but we are seeing that time bought complacency on the part of european politicians. and bob brings up a good point though. we see asset flows coming into equity markets and i think a good question is that rotation out of bond into equities. i think it is early days where you have the asset flows and momentum right now which are

creating some support underneath the market. but these are getting close to the higher end of ranges for 2013. >> you would say the early days, the jury is still out. but what would your assumption be, steve? >> we are getting close to our market forecast but i think it could be up a point or two from here in a volatile way, more of a melt up but we have a lot of political wrist. i think relative to cash, relative to bond right now. we do like equities and we think the u.s. is an improving story. so we would be looking at stock by stock, it is security stuck in an environment but a globally diversified strategy is what investors need. hunt out the areas of return where they are available and look at diverse by the way and keep an eye on returns in pocket. >> follow up on that, bob, the reality is possible sequester ahead. we have gas prices spiking in last month and payroll taxes up which as we may or may not have found out with pawal-mart, may

impact the economy more than we thought. i'm not saying down more than a hundred point is nothing to sneeze at. but with everything we are facing, why aren't we down more? >> i think you're absolutely right. i think the other side of the story is to be the bull. we've got a wall of liquidity from every central banker of every importance in the world or liquidity phase. they are providing substance to what is going on. we have a tail set of risks that has seen in investors mind to be shrinking. i think that has allowed equity prices to be so high. whether the monthly employment numbers, weekly unemployment claims, reasonably good, china reported gdp increase over the fourth quarter. so you can find stuff to pick on and you have picked on the right things but there are good things still happening as well. >> we are see weg are down a hundred points now. we were down the low of the day, 107. vix soaring by nearly a 120%.

steve, quickly to you, you were talking about the importance of a globally diversified portfolio. japan, would you jump on this bandwagon? it is off to the races. >> well, this could be early days. i think in early days there a trade. in terms of japan investment, we will see if they can carry through. but you know, there is a melt up, you know, whether you look at japan, beginning to get policy actions right. china is growing, u.s. is growing. in the u.s. we may not like the process but at least we are discussing a long term budgetary issue. there are -- in the tick off positive boxes and positive asset to support that, a melt up, volatile but a melt up here, so things are a hair better when you add things up. >> bob, quickly, best country to invest in right now in the world? u.s. or erj wise. >> i think u.s. is a paraon of strength. we are living up to

expectations, better than other countries are doing. >> pairo gone of strej. >> i think i speak for all of us when i say, usa! >> go australia. >> couple of days coming up for the housing market. is this the day we finally nationally turn the corner? we lay out your plan ahead. >> and why the best offense is a strong defense when it comes to protecting your information. and later on, is telecommuting officially dead? for that matter, it didn't begin to work with. we will debate all of that when "street signs" returns. ♪ [ male announcer ] to hold a patent that has changed the modern world... would define you as an innovator. to hold more than one patent of this caliber... would define you as a true leader. ♪ to hold over 80,000... well that would make you... the creators of the 2013 mercedes-benz e-class...

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moving, i will show you the u.s. dollar rate. at 131, looks like italians are voting to reject austerity. let's look at what what is happening with the ten-year. it was around 2% earlier today. it dropped down to 1 .886%. brian? >> a huge week, not only for italian elections, but for housing. the fourth quarter earnings absolutely knocked it out of the park. but tomorrow lowe's competitor home depot will report. get this. fhfa home price index and new home sales on wednesday pending

home sales data is out and on friday construction spending is out. there will be a quiz at the enof the show. >> so let's start with the stock angle and talk lowe's and home depot. let's bring in managing director at raymond james. what are your recommendations for home depot and lowe's? >> we are mutually rated on both stocks because they both had fabulous runs over the last year. both are up around 35 to 36% during the last year. lowe's has outperformed over the last quarter but both are selling above their median valuations over the last five years. so we're kind of neutral on both stocks. >> okay. so a valuation call here. is there anything fundamentally that worries you about the companies? >> no, there is nothing fundamental that worries us about both companies but quite frankly we haven't seen the housing pull through yet that i think is getting priced into the stocks. as they are sitting at very

close to 19 or 20 times earnings. so that pull through hasn't yet happened. while housing is no longer the head wind that it had been over the last several years, neither is it yet the major tail wind. depot did say on the last call, the call before the one we will see tomorrow, is it had started to be a bit of a contributor. we haven't seen very much of it for lowe's. they couple out with 3.5% guidance for comp store sales for the year we just entered, about 50 basis point of that could be attributed to the macro. >> bob over the past year, trading about the same but in the past six months, lowe's is defeating home depot by 20%. this is a big move by lowe's. is it a catch up play or something that investors are seeing about lowe's that like more than home depot? >> no, it is a catch up play. depot for 14 consecutive orders on average of 270 basis point a

quarter. over the last three quarters, that's about 230 basis point. er with looking for something about 210 basis point of improvement over lowe's comp for home debow as they return tomorrow. that said, lowe's is basically caught up or caught up to home depot. remember they made changes in their management team that took time to gel and now we are seeing that pretty much caught up. so fundamentals of both companies are relatively close. there is margin issues between the two of them but quite frankly, they are both really extraordinarily good retailers. >> i called you bob but your name of course is bud. bud next time you can call me pete or rick. >> that's okay, burt. >> you know what, i resemble a burt. i like it. crafty. >> housing is slowly improving in most towns but buyers and sellers, still on edge. we don't know what to tell you.

and when we don't, we bring in people smarter than us, like this. tanya, if you are going it advise a potential seller and or buyer out thereabout what to do right now, what would it be. >> it really actually depends on the main goal. if they are buying as an invest many, right now is the perfect time to buy. prices are low, rates are low and people are creating cash flow. i do not believe in the flipping game even though flipping numbers came out not too long ago and they were good. these need to be long-term holds so that they are sustainable. we do not want the same thing it happen that happened before. we want long-term gains in real estate. and i think that buying and holding for cash flow is where it is right now. >> you bring up a good point. for some years now there is fear that if you invest in a husband, the market might dibbouble-dip

you. >> i think now is a great time to lock in the long-term mortgage rate. houses are up, 5 to 20% depending on what market you are in, but nowhere near the previous peak. they still have another 15 to 20% to go to get back to the previous peak. volume activity is still way below the peak. it is a long-term consumption. but remember, single family housing is primarily an consumption good, not invest many good. >> i love that, ken. i love that you are telling people that housing is not an investment. can you say it again? >> it is primarily a consumption good. but it has long-term good investment characteristics, but long-term is the right way it say it. flipping, while some people do well, that is a speck of activity and because transactions costs are so high, you can't do that like you can in stock. you can't trade houses very

effectively. >> ken, how long until we get to the peak? >> three years. >> kim, how about you? >> three it five years, i agree. there are things that have to happen. you have to remember that a lot of states have quite a few foreclosures because of the judicial process. the northeast are sitting on a thousand days plus when it comes to the foreclosure process. there is still a lot of meyer. we are seeing positive signs and now is the time to to get in. you don't want it wait too long. i think people are stat starting to understand that we're not going to dip again. even if we do, it'll be minor. but really that long-term hold is where it's at. >> got it. tanya, can ken, thank you very much. inventory is tight. but buyers are picky as of. diana olick has stats on what buyers really want. what do we really want, diana? >> well, it is interesting, mandy. housing is definitely in a solid

recovery but a lot of things have changed over the course of the housing crash and recession, especially about what people want in and around their homes. bigger is not necessarily better any more about high end amenities like you see behind me, are definitely in. now national association of home builders did a survey to find out what we want and don't want in our homes. that correlate to the companies that make the product. let's look at the yes list first. apparently we all want energy star appliancees. that's a big one on the yes list. we want them and we will play extra for them. companies that specialize, ge, ken more, whirl pool. garage storage is increasingly in demand. look at specialty retailers in that space. what is really new and in high demand is wireless security along with in-home electronic systems that link everything together and finally, the air we breath is more important now. full air purifying systems like

honeywell and whirl pool are profiting as well. what do we not want in our homes? here is what start the list. you don't want a home on a golf course apparently. i don't know. big surprise to me is we don't want the kitchen wine coolers, the little wine refrigerators, by the way. i have one and i love it. we don't want laminate count are tops. lowe's does a lot of laminates. >> i wouldn't want a golf course in my oem either. that means the home is large and energy inefficient. but the wine cooler thing. >> who doesn't want a wine cooler in their house? i don't know. they are polling, not us, clearly. >> i love my wine frige. i can put all sort of stuff in there. >> absolutely. not just wine. >> let's quickly hit the markets and show what you is going on. because this morning, more than 90% of the s&p 500 was up, just a few minutes a i go. only 12% of that index was trading higher. as i mentioned in my stat of the

day, brie brian, mondays are always a red day for s&p 500. at least so far this year. >> can you guess america this mystery chart? it is a beaten down name and it is making a quiet come back. up about 15% over the past three sessions. here is a hint. if you are a religious watcher of "street signs" or even if you're not religious, you definitely know this name. the big reveal of that chart coming up.

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ail right. oh, hi, mandy. >> hi there. okay, let's quickly look at the vix, wall street's fear gauge. now on the supposed result of the italian election, currently up by 18% on the vix. a moment ago, the a euro was below the 131 mark. if i'm not incorrect, i think it is back above it. now they were gaining earlier on their trading day. they did, however, take a dive toward the close. you are looking at the italy index there, down 4.5%. it seems like everyday we hear about another company falling victim to hackers. so what can corporate america do to protect itself? let's get straight to eamon

javers, at a conference in san francisco. what can they do, what are they doing, eamon. >> hi, mandy. you would be surprised, there are a bunch of security experts wandering around the place. what they are telling us is counter intuitive. a lot of folks saying, you have to assume your company is being hacked at all times and you have to assume hackers are already inside your systems. if you make that assumption, what do you do about it? one expert said put dummy data in your systems. fake files, fake systems inside your computer and then watch and see what the hackers do with that data once they take it. take a listen. >> place files that may be enticing to criminals. place seed data record or customer record into a data base that you know aren't rule but you want to do searches for those and find those showing up

in criminal forums. >> of course the problem with doing that, i would imagine not being an expert myself, that people at work will stumble on to the information and use it and enrealize it is not real. that one of the techniques you have to bear in mind as you do all this. we have more detail from this conference and other reporting on our website, hackingamerica.cnbc.com. we will be here all through the day and throughout the later part of this day as well. >> thank you very much, eamon javers p.m. keep look at the markets. the dow was within i think 83 point of of all time closing high. due to italy andity elections. we are now down about 77% off, but off the lows of the day. >> how do you say gross in sweetish? just wait until i hear what ikea may have found in its meat balls.

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there you go. dow jones is still down a half percent. the story is europe. developing all day. looks like right now the vote in italy is going to be anti-austerity and yes, silvio berlusconi's name is there. italy's etf tanking as well. future is down once they trade. just a bad scene in europe. >> it is. let's look back at what is happening here. and let's get back it street talk. it is soaring today. >> yeah, the chairman says he plans to buy the book seller chain and barnes & noble.com ebook business but not the nook ebook reader. dw again, the latest in the founder, rich guy saying, i'm going to take my company private.

like michael dell and richard shul of best buy is trying to do. >> let's look at avid tech today which is really tanking. >> we have herb on it in just a minute. herb sent me an article that he wrote about this company in 1996. stock is tanking. we will release their invest over conference call previously scheduled for tuesday. they said, hey, we need more time to eval yit our current situation. a normal course of business. basically can't come out with numbers right now. ceo resigned a couple of weeks ago. this company is in turmoil. stock is down 41% over the past year. 10% today. >> this is a very interesting story. a global story as well. chesapeake energy is moving lower today. >> yeah. hey, got a china deal here in america's heartland. buying some oil gas property in the mississippi lime shale. the valuation is not what some thought those assets would have

been work. chesapeake those needs the money. hammered by low natural gas prices. we talk about cyber threats. we saw the unical deal get scuttled to the chinese a year ago. >> the energy threat, well possibly talk about that down the road. blackberry, formerly known as rim. >> what is the motto? >> everything's fine. >> apparently, blackberry is saying, everything is better than we thought it was. maybe not fine, but getting better. they are increasing production to keep up with demand. they won't publish sales figures yet but doing well and by the way, launching the first smart phone for blackberry line in india. that one of the most loyal to the blackberry market. >> aggressive competition from apple there. last but not least, let's look at the story of two sarm suit cals.

very different things today. >> normally we don't talk about companies with me nis kul market caps. the reason we are talking about affymax is because this morning it did not have a miniscule market company. here is the reason. an anemia drug. severe reactions, kidney patients, unfortunately a number of deaths. five people died. that is a higher rate of reaction and rate of 8.5% rate of death of the current treatment by amgen. stock is down 85% in a day and their product is being pulled. make your own assumptions folks. all right, aformentioned herb, is here now with a double disaster. i can't believe -- >> '95, actually. >> there must be a typo. >> i did. and there were ceo issues then.

some of the companies over and over again, why, i don't know. but anyway, double disaster de jour, starting with itt education. this network talking about -- >> i hope so, because you work for us. >> i was on this very network talking about itt education, a year or two, talking about a low rate program they have, and a off balancing issue, late friday, the company's 10 k comes out. so stock on the news, taking a alfred bietighofbi taking a bit of a hit. >> what the other one some. >> they make oil cds -- >> panl -- >> panl is the ticker. there may be competition for providing oil for samsung you see the stock off 10%. >> herb, stick around. it is time to reveal our big

mystery chart today. we showed it to you earlier. which beaten down stock is up 15% in just three sessions? it is yc penny. believe it or not, jcp up in three days. is this short coverings? joining us is mary etener. is is this a turn around for jcp? >> not just yet. they have come off bad numbers, as you know. now having said that, they had such terrible numbers, they may show improvements. but to get to where they were and get customers back, from babies to grandma, that hard to do. >> are they doing what it takes to do that? >> they didn't show any coupons last year. no special sales. they started to do that. now they are showing a skinny jean and t-shirt wearing

customers which is good but there is a baby customer and they are not appealing to that customer at all and you need to get the masses back and i haven't seen them doing that yet. >> i think what is very interesting, there is a retail consultant and we talk to him a lot and he has been going around the country and he said he is intrigued. even in the middle of the week that he is seeing lines at cash registers. and he found that to be something fascinating. not just to one region but in multiple regions. so what does that tell you? >> good for them because they had no lines last year. so if you have any sort of line -- >> here is the thing. the stock market is a discounting mechanism. you buy new for what you think will happen six months to a year from now. so do you believe that in six months to a year things will be fundamentally better for jcp? >> we have to wait and see. they are working on product this year. i'm about product and about viewing it that way. i haven't seen it yet. even the ceo said as recently as

december, this is our product year. i haven't seen what they have. from what i've seen so far, they still have a long way to go. >> but jc penney, who is the one 20 beat. >> a combination of macy's on one end. and then you you have kohl's, tj maxx, and cross stores. >> when your client ask you whether this thing can turn around, you mentioned yet when we talked about it earlier, is this a yet or, you know, i think it will happen. >> i have to wait and see. i'm not based on financial chart. >> ron johnson said, three years at least. do you give them the three years? >> you better have the capital to last that long or you will spend money redoing 1100 stores. >> they just got the recriesed credit line which gives them a lot more money -- >> yes, it is. but borrowing number is never

the panasea. >> what do you think. >> in three years you walk a lot of customers if it doesn't turn around. what i'm concerned about is getting back the older customer. customer beyond 30 years old. aunt, uncles. i grew up with that. >> they want the new hipper customer. so if you don't get them and alienate grandma, who do you have besides herb and mandy? no one is left to shop at your store? look at this tie. >> oh, my gosh. please. no. that's fine to try to get a younger customer but you also have to -- i'm not talking about old, old. i'm talking about 40 plus. that's not so old. or please say it isn't. i'm concerned about that. and they are not appealing to that customer right now. so they need to get that customer back in order to get some serious momentum going. >> sound like the jury is out. thank you so much for coming along. >> thank you so much. >> and the jury is in. next up, we will hit the markets. plus, why the swedish shift is ashamed.

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is. coming up on closing bell pb hewlett's new tablet is snubbing microsoft should you consider the same move for your portfolio? microsoft versus google, coming up. is the fed starting to flinch on its interest rate policy? find out if removing stimulus earlier thannet anded could start that correction that so many on wall street have been calling for. and we will take you live to las vegas to see whether the recent violence there in sin city could scare away badly needed tourist. sue herera is where me today. you remember sue herera. we will see you at the top of the hour for the all important last hour of the trading day. >> thank you very much, bill. horse meat scandal has reached ikea. traces of horse meat has been found in the famous chain meat balls. they were sold in 13 other

countries across europe. ikea says they pulled the tainted meat balls from the shelves and no other shipment were effected. let's get back to what is happening in the market. our bread and butter, a market flash with julia boorstin, what are you watching? >> shares trading about 9.5%. even higher this morning on news that laying off 30 people and consolidating others as it looks to drive profitability. this is the second trading session sense legalizing gambling. now zynga stock is down 75% in the past year. but wall street sees potential in gambling revenue like hits from zynga poker. brian? >> julia boorstin, thank you very much. now this afternoon's market side. brian, listen, this is all about europe, right? they are just kind of blowing it

again. >> i think if you want it play cause and effect with today's session you can blame it or europe. i think the bigger picture, this is a question of too much too soon. we have 7% returns in seven weeks here in 2013. and i think what you are seeing here is some backing and filling, profit taking. just given the fact that we have lot of stuff coming out later this week. yes, europe is a ripple in the water here but bigger picture here is that we just need profit taking. >> profit taking for how long and how bad? what kind of correction would you expect, brian? >> mandy, i think when you look at this, the point being here, is that, remember, we have a stealth bull run that came in at the end of 2012. client open their statements and said, wow, i did all right last year. you see follow through with that. you see that in fund flows and see that also just generally in the the fact that people were more positive over this year from the year before. that being said, to see pull back and given the fact we are

stay staring down and bernanke's testimony the next few days. sequester. ripples out of new york. one should not look at this as being a surprise. let's look at the size and scale of this advance and say, listen, markets don't go straight up. you see profit taking, i don't think people should say the world changed. it is just backing and filling, part and parcel of the process. >> we still got, matt, an ecb which has shown itself more than willing to print money. is this a weakness in buying money. >> i don't think so. i agree with the other gentleman. i would like to see more along the lines of 5% before i put my money to work. i may have missed a bit of this rally. i will look for it to back and fill more than 1 or 2%. we will see what people are going to do. are you willing to buy it 2%, with what's going on in europe. i'm not sure if that the case. you. >> got it. thank you so much. up next, wifi is 75 miles an

hour. plus, hold on to your staplers, folks. yahoo! ordering all employees to go back to the office. >> if they move my desk one more time, i'm quitting. and i told don too, because this movement is four times already this year, and i used to be over --

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general motors announcing it is teaming up with@to bring 4 fs g wireless to most of its cars by next year. at&t ceo randal stevenson spoke about it on squawk box this morning. >> the way we think about the car is it is just a big smart phone on wheels in the future. so the customer will have an automobile that's connected. i keep saying it, but i will repeat it. it will have a home connected. these are all connections on to the mobile broadband networks. >> smart phone on wheels? good idea or not? phil lebeau, do you think this is a good idea or just d-u-m, dumb? >> it is coming and the only way you can handle this as auto makers is just ride the wave and make it possible. in barcelona, spain,

announcement between gm and at&t. bringing 4g into cars. and you've got the spotify streaming after as ford goes with the sync service. they highlight the connectivity concerns that are out there when it comes to cars. people are saying people are paying to more attention on what's coming through the car than as driving. look at the statistics when it comes to distract eed driving. these are sobering statistics. 3300 fatalities in 2011. 387,000 people injured in distracted driving accidents. 18% of the injury crashes in 2010, they were linked to distracted driving. as you look at ford and gm, keep in mind it's not just these guys bringing connectivity further into the car. it's all automakers. if they don't do this and try to keep it as safe as possible,

you've got it already with your phone. in fact, i've had a few people who have sent me tweets and e-mails today saying big deal. i've got a smart phone. i've already got it in my car. do you want people looking at their phone or coming through their car where it's hands free? voice activated? no easy answer here. >> is there anything they can do to mitigate the danger factor? how can they mitigate that technologically speaking? >> that's the tough thing. everybody is saying it's not the distracted driving of the eyes, it's the distracted mind. let's say you say boy i'd like to know where the nearest chinese restaurant is and you're going on the internet. even though it's voice activated, you're focused on that. you're not focused as much on driving. that's what scares critics. >> you up the penalties more like a drunk driving. they show you are just about as wobbly and distracted. you have to up the penalties if you're texting and driving and crash.

>> i think everybody would agree with that. >> thank you much. some feathers are being ruffled at yahoo this week with ceo saying no more telecommuting in june. a memo said quote, we need to be working side by side. speed and quality are often sacrificed when we work from home. we need to be one at yahoo and that starts with physically being together. a note, cnbc and yahoo have to share and promote content. joining us now head of telecommuting advocacy group. thank you for joining us today. regina, you work from home. you know this inside and out. good or bad idea? >> marissa is going for a turnaround. she's been remarkably consistent. when you take a two-week maternity leave, look no further than your boss' opinion on the value of being in the office. she prides herself as being with

this. part of a string of ceos at the top. you get legacy issues. that was jerry's longtime favorite. carol brought that person in. who are these people? where are they working? now they're probably trying to add value. that's before she even deals with her own board of directors. so she's probably in a tricky position. >> chuck, is it that black and white? can you say telecommuting is bad or good? or does it really depend on what your job is? >> it depends on a couple things. it depends on what your job is. it also depends on the individual. it is not good for everyone, people who don't focus. there are people who let every little distraction bother them. and they just can't do it. i think one of the issues with yahoo is yes she's trying to make some immediate changes. but i think also what we've seen in organizations such as at&t and hp, you have new people coming in and they want to get rid of a lot of the old people. here you have these people who

have been working from home. what better way than people who have now moved away from the office saying here's your option. come in or quit. >> yeah. maybe trying to get rid of some people. i just feel like, regina, this is a lady trying to take yahoo forward. but at the same time it's taking them backwards. these days you've got software sharing technology. to allow us to be more effective and easier. why go back to the old ways? >> i think if you're part of a distributed team, yes. chuck makes a great point. it depends on both the person and the work. she is saying and she says it in is the note from hr that there's value in facetime and halltime. that's where some of the ideas coming. i think she's mostly saying don't phone it in. don't be laxed. and it's funny because we applaud this in other sectors. if you want to play football the first thing they say is it starts august 1 and we have two practices a day. you still want to play? if not, game over. i think that's the sentiment

she's trying to create. >> chuck, i was reading a study last night about telecommuting. people think it's good for them. but this report said maybe not. because you think you're going to get more free time but your work life and home life are completely now indiscriminate. and it blends and hurts their home life. do you agree with that? >> those are issues occasionally. i do know a fella who wrote a book called "turn it off" which means you have to know if you're working from 8:00 until -- [ no audio ] >> i'll tell you the best bet. i work at home. i'll tell you the metric. i read it online and it's true. the cleaner your home, the worst your neck performance review. i mean, you are perpetually distracted. working at home were it not for the kids, the dog, the repairs calling your name. that is the number one risk. >> i mean, if you've got a mandate coming down from the top

of a company, that's not giving the choice. >> you shouldn't have a choice. you're on employee. >> but there's an opportunity cost to it. if you're a young person listening to this depending where you are in your career trajectory, if you want to eliminate your commute and gas prices are a factor, move close to work. then by the way, buy the most affordable house you can find in the town of your ceo or boss so you can share a car. more a more when it comes to facetime if you're trying to get ahead. it just is. >> totally agree. get to know the boss in person. >> okay. >> regina and chuck, thank you. chuck, we'll get you back on soon. >> thanks. coming up 48,000 reasons to shake your head at the oscars. ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe.

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